News, analysis and commentary for gold traders and investors

"Be Right - Sit Tight"

Jesse Livermore
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
GOLD MARKET WIRE...NEWS AND INFORMATION for GOLD TRADERS AND INVESTORS ....
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*** GOLD MARKET WIRE ***
*** GOLD MARKET WIRE ***
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Gold Market Wire

News, analysis and commentary for gold traders and investors

Metals Update

Precious Metals Pullback from Run

May 23, 2024 - (Gold Market Wire) - The rather strong rally has finally paused, and we are pulling back. Nothing, but nothing moves in a straight line - not even magical Silver.

... a healthy retracement , so far.

We'll stick to Silver, as it has really led the way up. Almost 30% upside action in 3 weeks. That's heady stuff. The pullback is not only deserved, but healthy. Our trendline is as plain as day, and we will use it for a first purchase, adding to the position of length, and weighted to prepare for a further pullback.

This market has, in no way, finished what will prove to be an epic move. By our estimation, we have another two years to run - at a minimum. If you like to trade, you're about to get the chance of a lifetime. Pullbacks need to be bought, profits taken at regular intervals, and the core held like iron.

Good luck!

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